A Step-by-Step-Guide on how to buy Tezos (XTZ)
Step 1 – Signup to CEX.io You will first need to buy one of the top-tier coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click below for registration and getting your Ethereum or Bitcoin.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Tezos (XTZ) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you have chosen the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. If you are using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our manual).
Step 3 – Locate Tezos (XTZ) As soon as your deposit has been affirmed, you will now have access to your finances and you can initiate invest and trading. To buy Tezos (XTZ) on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”. To discover Tezos (XTZ), you will need to put the cointype (XTZ) into the search-box, which is marked in the picture. Make sure you have selected the right pairing, we have marked this also. Click on “XTZ/BTC” to continue.
Step 4 – Buying Tezos (XTZ) After you've spotted Tezos (XTZ), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are making our Limit Order. The field with the “Price” tag will be automatically filled with the most recent tariff Tezos (XTZ) was sold for. This can be changed to your favoured price. The ”Amount” field is the volumen of XTZ you want to purchase. The field with the “Total” tag is the whole price in BTC that you will settle for the whole volumen of XTZ. If you're satisfied, click on “Buy XTZ”. Your plan will be filled when a Vender sells their XTZ for the price you offered.
Step 5 – Withdraw (XTZ) Tezos Unless you are frequently trading, best advise is not to keep your crypto on an Exchange for an extended period of time. In order to take off your (XTZ) Tezos, go to the ”Funds” tab and mouse click on “Withdraw”. (XTZ) Tezos can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XTZ) Tezos by using the given drop-down box. Put into the volumen of (XTZ) Tezos you would wish to take off. Take into account the presented fees/minimums. Also make sure you have entered your right withdraw address. If you are satisfied, click “Submit”. You may be requested for verfication via email/phone before a withdrawal.